RESEARCH VIA NIFTY REPORT UPDATE 25 NOV 2013

                                                 DAILY MARKET ANALYSIS

ECONOMY ANALYSIS

 Union Bank raises Rs 2,000 cr to shore up capital 

 ACC, Ambuja jump 1% as Holcim deal heads towards closure 

 Expect to beat Nasscom guidance on $ rev growth: Persistent

 See double-digit margins, mkt share boost in H2: Amara Raja 

 Siemens may post Q4 PAT at Rs 90cr vs loss of Rs 55.87cr

 Microsoft hopes Xbox One finally puts it on the media map

MARKET ANALYSIS

 The Sensex today closed 12 points down, logging its third straight weekly loss, as uncertainity over US Fed tapering its economic stimulus hit positive sentiment that helped the benchmark log gains initially. 

 After climbing over 150 points to 20,388.12 in early trade, the 30-share index dropped to close lower by 11.66 points, or 0.06 per cent, at over one-week low of 20,217.39. 

 It had lost 661.77 points in previous two sessions, which sparked off bargain-hunting by some investors today. However, the absence of foreign fund buying as well as lower cues from European markets led to domestic markets edging lower. 

MAJOR INDICES

                                       INDIAN MARKETS

 INDEX                    CLOSE            CHANGE          % CHANGE

SENSEX                  20217.39             -11.66                    -0.06

NIFTY                       5995.45               -3.60                    -0.06

BANK NIFTY           10677.35           -29.55                     -0.28

                                         US MARKET

INDEX                     CLOSE           CHANGE

DOW 

FUTURES             16009.99              109.17

NASDAQ 

FUTURES               3969.16                47.89